Still not clear to me which way the market is moving. Sold at Btc-e between 880-900 a couple of weeks back. Was hoping for 600s.
Interesting thing is that most of us expect the market to play like April 2013. That is one of the reasons why it is more likely not to going to repeat itself. It might turn into a much more bullish scenario with no capitulation at all or, viceversa, in a long downward slide* a-la-2011. * (c) proudhon, I believe. |
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I'm impressed that the market is not reacting at all at the Wells Fargo presentation announcement (which to me is uber bullish). In other times that would have caused a jump of a few percent up... |
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Market is being held up by artificial bot trading to allow enough Bid pressure to build up to absorb some fuckers bumper cash outs.
I speculate that there are stabilizer bots and destabilizer bots: the former ones are built to keep the price in a certain range and the latter ones are made to make waves and wipe the floor from the former ones before a whale makes a big manipulative move. |
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Anyone clued up on bitcoin, or that has been following it for at least a while, knows that the China question is like the elephant in the room.
I think a lot of people, me included are hodling off to see how that plays out.
I agree that it is ridiculous that so much importance is given to China and what will/will not happen there.
For me, China is just one aspect of it. I wasn't convinced that the bubble pop had fully played out, and still expected up to re-visit ~$500 on stamp before rebounding and moving back up.
So, i'm taking a patient wait and see approach. It will be interesting to observe the market around 31st.. and the first week or so of Feb. I've got my fiat waiting on stamp to take advantage.
this. everyone is doing this. and selling doggy coins, if they have any. But... but... if everyone sold waiting for the price to drop so they can buy back in, won't the market move in the opposite direction?  |
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Stamp  |
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BitPay are about to announce another major retailer accepting Bitcoin. That's why I am full BTC right now.
Source? I think we need more cowbell |
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Quite a misleading thread title, OP.
Yes very annoying. +1 But better then titles like "just saying..." or "I have an idea". how about "what if ... ?". Simple, easy, clear. |
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Neo EasyCoin
Neo EasyCoin is nearing the completion of beta testing. We are waiting for some locations to go online with different payment service providers. We are also working with other payment service providers in Europe to enable Neo EasyCoin to service additional European countries.
does it mean that the deal with ZipZap is now dead in the water  All the rest is fantastic news btw. IMHO You guys are aiming high and have good chances at winning high! |
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willy always stops when price is rising too much. last time it stopped when gox was above $1000. comes back when things get quiet again. i think it's definitely a fund buying coins
why on Gox instead of Stamp that is above my understanding. They could also have set lower granularity, eg 1btc with some random time in a range. That would have been much less visible. |
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I really dont see evidence for dumping
Dumping on Bearstamp continues...
Now ~15,00$ lower than BTC-E.
 you cant call a natural proportioned reaction 'dumping'. the trend is up. there was no dumping a few hours ago how does it continue?  Ok, ok, I stop trolling, promise  |
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I really dont see evidence for dumping
Dumping on Bearstamp continues...
Now ~15,00$ lower than BTC-E.
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And it is because of many people thinking that way that it might not happen when you want it to. Exciting times...
Almost nobody seems to be buying, I mainly see silly bot purchases on most exchanges. You can even move the price by 10 usd on btc-e with only a handful of btc at the moment. Just plain silly. I have a feeling about this. I believe that: 1. the get-rich-quick sheeple are silently dumping 2. the bots are from coinbase/bitpay (because they have a lot of interest in keeping the price really stable) and from some fiat whales who are silently getting in without slippage. 3. new get-rich-quick sheeple + early dumpers who want back in - they are not buying and waiting on the sidelines instead because April 2013. It is a nerve grinding game. Anything could happen in the immediate. |
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Dammit when will we see the 700s again. Everyone knows that this is the fair value of bitcoin at the moment, yet we remain in the 800s.
And it is because of many people thinking that way that it might not happen when you want it to. Exciting times... |
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This happened late April/May already.
There is a simple explanation: Stamp is liquid. It's the easier one of the lot if you want to get fiat out faster.
Gox wait times go much much worse when the herd heads for the door.
So I speculate that a part of the herd is heading for the door, choosing the fast lane*, which is Stamp. Hence the differential you see.
* That doesn't imply certainty of a short term drop. There are other forces at play.
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Misleading title + exclamation mark. OP trying to be smart here.
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Bump |
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It's stealing Bitcoin's spotlight.
I'd say it's stealing litecoin's spotlight. Not bad for being a simple copy and paste of an old litecoin release... |
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the constant grinding continues.  So many new opportunities to spend coins... and it seems the supply of coins is higher than the demand right now. |
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I'm done watching the charts. It's just ridiculous. I'll check back in a week.
This shit must scare off so many potential investors. You know, serious people. Right now it's just a playground for a bunch of kids and a few whales who control basically everything. It's just sad to see something great being abused like this.
Wow, fear is setting in. Watch out. Denial might come next. Personally not selling. I'm just too scared it might fuck me sideways as it did in the past. I also have a bad feeling about this, I want to sell some coins but the risk is really huge here, at least it was obvious when we crashed last to sub 500, but now I have so many questions and doubts, so I am better off this one... but everyone is watching. Yes, fear is here big time. |
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I'm done watching the charts. It's just ridiculous. I'll check back in a week.
This shit must scare off so many potential investors. You know, serious people. Right now it's just a playground for a bunch of kids and a few whales who control basically everything. It's just sad to see something great being abused like this.
Wow, fear is setting in. Watch out. Denial might come next. Personally not selling. I'm just too scared it might fuck me sideways as it did in the past. |
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